ALEXA VENTURES INC
6-K, 1999-07-16
MISCELLANEOUS FABRICATED METAL PRODUCTS
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 6-K

                            Report of Foreign Issuer

                        PURSUANT to Rule 13a-16 or 15d-16
                     of the Securities Exchange Act of 1934

                        Press Release dated July 16, 1999

                               Alexa Ventures Inc.
                              ---------------------
                           (Exact name of Registrant)

                       818 Erie St. Stratford, ON N4Z 1A2
             ------------------------------------------------------
                    (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F

                          Form 20-F |X|  Form 40-F |_|

Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                                 Yes |X|  No |_|
<PAGE>

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


                                        Alexa Ventures Inc.



Date:  July 16, 1999                    /s/ Gerry A. Racicot
                                        ---------------------
                                        Mr. Gerry A. Racicot
                                        President


                                      ALEXA
                                  VENTURES INC.
PRESS RELEASE
July 16, 1999
- --------------------------------------------------------------------------------
                                  "GREEN NEWS"
                                     TSE:AXA
                                  OTC BB:ALVEF


                  ALEXA VENTURES' OTC BB LISTING RE-ACTIVATED.

STRATFORD, ONTARIO, CANADA, JULY 16, 1999--Gerry Racicot, President of Alexa
Ventures Inc., (Alexa), a computer and electronics products company, announced
today that the Company's OTC Bulletin Board listing (ALVEF) had been
re-activated.

"This move follows a period of dormancy of over a year. We believe we now have
the kind of business activity and plans for a major incursion into Internet
related markets that will excite interest in the US investment communities and
support active trading there," said Racicot.

Alexa recently announced a move to establish itself as a prominent player in the
Internet electronics products market with the proposed acquisition of Eiger
Labs, Inc and Point Multimedia Systems, Inc. Eiger is the No.2 in the US PCMCIA
modem retail market with a 14% market share. Eiger has strong relationships with
major retailers including 'Onsale.com', 'Egghead.com' and 'Home Shopping
Network' which are successful Internet e-commerce companies.

"Our future is firmly tied to global opportunities afforded by the explosive
expansion of the Internet. However, the world's number one market, the USA, is
right on our doorstep, and that's where our major focus for profitability
remains," concluded Racicot.

                       DIRECTORS OF ALEXA VENTURES INC.:

                                /s/ G.A. Racicot
                                  G.A. Racicot
                             Chief Executive Officer


THIS PRESS RELEASE WAS PREPARED BY THE MANAGEMENT OF THE COMPANY WHO TAKE FULL
RESPONSIBILITY FOR ITS CONTENTS. THE VANCOUVER AND TORONTO STOCK EXCHANGES HAVE
NOT REVIEWED AND DO NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF
THIS RELEASE.

                                  818 Erie St.
                              Stratford, ON N4Z 1A2
                       519-273-0503(tel) 519-273-1684(fax)



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